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For the year ended December 31, 2023, Amazon.com, Inc. provides the following information: Item Amount ($) Sales Revenue 500 billion Cost of Goods Sold 300
For the year ended December 31, 2023, Amazon.com, Inc. provides the following information:
Item | Amount ($) |
Sales Revenue | 500 billion |
Cost of Goods Sold | 300 billion |
Operating Expenses | 150 billion |
Interest Expense | 10 billion |
Tax Rate | 21% |
Required:
- Prepare an income statement for Amazon.com, Inc. for the year ended December 31, 2023.
- Calculate the gross profit margin percentage.
- Determine the net income after taxes.
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